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India offers $5 billion credit line to Africa

Bharti Airtel to invest $1 billion in Africa this year'

Consolidating its operations in Africa, Bharti Airtel will invest $1 billion (about Rs. 4,500 crore) in the continent to expand its network throughout 16 countries."We have already invested $11 billion here :woot:and have committed nearly $1 billion investment for this year for expansion of our network," Bharti group chief Sunil Mittal said.

Last year, in the largest ever telecom takeover by an Indian firm, Bharti had acquired Kuwait-based Zain Telecom's African business for $10.7 billion (about Rs. 48,000 crore). The closure of the deal had implied that Bharti has received all the approvals from the governments and regulators of each of these 16 nations.

The company has also launched its brand airtel in all 16 African countries.



Read more at: Bharti to invest $1 billion in Africa this year - NDTV Profit
 
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This is not a loan or cash aid but just a credit line. While help indian dump its sub-standard quality products and useles tata nano into african markets wether they like it on not!!

L8IEJ.jpg

Well, you can go for a Tata LandRover or Tata Jaguar, if you can afford it.
 
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$1 billion dollar for me too pls...i promise i will pay it back.
 
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No country do anything without any favor. this $ 5 billion will return multiplied.


2nd India-Africa Summit.

The Prime Minister, Dr. Manmohan Singh at a group photo session with the African leaders at the Opening Plenary Session of 2nd Africa-India Forum Summit (AIFS), in Addis Ababa, Ethiopia on May 24, 2011.
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The Prime Minister, Dr. Manmohan Singh along with the Chairman, African Union Commission, Dr. Jean Ping and the President of Equatorial Guinea, Mr. Obiang Nguema Mbasogo attended the Opening Plenary Session of 2nd Africa-India Forum Summit (AIFS), in Addis Ababa, Ethiopia on May 24, 2011.
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The Prime Minister, Dr. Manmohan Singh addressing at the Opening Plenary Session of 2nd Africa-India Forum Summit (AIFS), in Addis Ababa, Ethiopia on May 24, 2011.
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This is not a loan or cash aid but just a credit line. While help indian dump its sub-standard quality products and useles tata nano into african markets wether they like it on not!!

L8IEJ.jpg

Thanks for self made facepalm for yourself. You have nothing to dump. Soon we dump sub-standard Tata Nano in Pakistan as well.
 
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This is not a loan or cash aid but just a credit line. While help indian dump its sub-standard quality products and useles tata nano into african markets wether they like it on not!!

L8IEJ.jpg

Indian products are better than chinise products..

---------- Post added at 07:23 PM ---------- Previous post was at 07:22 PM ----------

This is not a loan or cash aid but just a credit line. While help indian dump its sub-standard quality products and useles tata nano into african markets wether they like it on not!!

L8IEJ.jpg

pakistan need to learn from india,
 
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This is not a loan or cash aid but just a credit line. While help indian dump its sub-standard quality products and useles tata nano into african markets wether they like it on not!!

L8IEJ.jpg

We can see fire comming out of ur As$
 
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Africa is a rising market with lots of natural resources. 20 years from now it will be very important. We have started late but we should move on.
 
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